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Up and under price pattern

  • #2,461
  • Aug 7, 2019 6:59am Aug 7, 2019 6:59am
Been away for a while but gonna try and post some more charts here for your thoughts regarding them.
Couple below:
AUDJPY - IQM - Looking for continuation lower
CADJPY - IQM - Looking for continuation lower
USDCNH - QM - 1st target 1.5R, looking for further downside.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPY IQM.PNG Size: 49 KB
Click to Enlarge Name: CADJPY IQM.PNG Size: 64 KB
Click to Enlarge Name: USDCNH QM.PNG Size: 62 KB
  • #2,462
  • Aug 7, 2019 7:12am Aug 7, 2019 7:12am
@Staffry this "inverted qm" aka a broken qm zone is a cool thing .... so if u have drawn in a qm level which got broken ...just leave it there and wait for reaction from the other side ..really like the approach .thats KISS ;-)

... but at the moment its a bit quiet in the market in terms of qm set ups in my eyes ...think that will change when market awakes from its summer holidays ;-)
May the Sheen be with you....
  • #2,463
  • Aug 7, 2019 7:24am Aug 7, 2019 7:24am
Quoting Trueman23
@Staffry this "inverted qm" aka a broken qm zone is a cool thing .... so if u have drawn in a qm level which got broken ...just leave it there and wait for reaction from the other side ..really like the approach .thats KISS ;-) ... but at the moment its a bit quiet in the market in terms of qm set ups in my eyes ...think that will change when market awakes from its summer holidays ;-)
Guess it depends what time frame you use, you can find multiple setups everyday in you trade the 5m charts which i do sometimes. Have just taken profits on IQM setup in GBPUSD 5m chart. 1R loss on QM pattern, 2R winner on IQM so 1R up after being stopped out on initial trade idea.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD IQM.PNG Size: 28 KB
  • #2,464
  • Aug 7, 2019 7:59am Aug 7, 2019 7:59am
Quoting Staffry
Been away for a while but gonna try and post some more charts here for your thoughts regarding them. Couple below: AUDJPY - IQM - Looking for continuation lower CADJPY - IQM - Looking for continuation lower USDCNH - QM - 1st target 1.5R, looking for further downside. {image} {image} {image}
hi only a tip
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_29.png Size: 116 KB
aka Liquinvest
  • #2,465
  • Aug 7, 2019 11:17am Aug 7, 2019 11:17am
Going to let CADJPY run and close AUDJPY based on this IQM pattern on AUDCAD favouring a weaker CAD in relation to AUD. Will take a long based on the below chart:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD IQM.PNG Size: 65 KB
  • #2,466
  • Aug 8, 2019 6:40pm Aug 8, 2019 6:40pm
Great setup on UsdCad with pullback & breakout entry.

Attached Image (click to enlarge)
Click to Enlarge Name: ucadhhll.png Size: 42 KB
  • #2,467
  • Aug 8, 2019 7:38pm Aug 8, 2019 7:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: iqm.png Size: 37 KB
  • #2,468
  • Aug 9, 2019 3:29am Aug 9, 2019 3:29am
GJ m5
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
  • #2,469
  • Aug 12, 2019 9:14am Aug 12, 2019 9:14am
Batus innfigure 2466 postes by you...there are yello markings and others too...can youbplease explain the importance of those
  • #2,470
  • Aug 12, 2019 9:31am Aug 12, 2019 9:31am
EUR AUD

QM

SL 27,0 pips

Attached Image (click to enlarge)
Click to Enlarge Name: ea 103.jpg Size: 192 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,471
  • Aug 12, 2019 11:08pm Aug 12, 2019 11:08pm
1st post here, glad i found this thread.

Thank you to all the seniors contributors.
  • #2,472
  • Aug 13, 2019 12:18pm Aug 13, 2019 12:18pm
Quoting Pat Chiko
EUR AUD QM SL 27,0 pips {image}
Same one, 5 pip SL. Good call Pat Chiko.

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20190813_191521_385.jpg Size: 69 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190813-191304.png Size: 85 KB
  • #2,473
  • Aug 13, 2019 12:26pm Aug 13, 2019 12:26pm
Quoting Pat Chiko
EUR AUD QM SL 27,0 pips {image}
with you as well .....
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 24 KB
May the Sheen be with you....
  • #2,474
  • Aug 13, 2019 9:06pm Aug 13, 2019 9:06pm
Quoting selfcontrol
{quote} Same one, 5 pip SL. Good call Pat Chiko. {image} {image}
Hi SelfControl,

Awesome trading as always

Since I'm still trying to solve the scale issue to increase the RR, I have a small question on a clue to solve this issue if you don't mind shedding some hint please

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190813-191304.png Size: 96 KB


To narrow the SL like you usually do, should we look at the red circled area, or the blue circled area?
I've been studying only the equivalent of the blue area all this time, but maybe the red area has something to do with it too?

Thank you in advance
Entities should not be multiplied without necessity - Occam's razor
  • #2,475
  • Aug 13, 2019 9:41pm Aug 13, 2019 9:41pm
Quoting matrix2017
GJ m5 IQM. {image}
On this chart there are more qm signal...how do select these some qm signal which you sign.
  • #2,476
  • Aug 13, 2019 9:44pm Aug 13, 2019 9:44pm
Quoting Frosty85
Like Matrix said (or at least how I understood him lolll)...find them in SR areas and look for origin of moves...Then find the clean orders. {image} {image} I think I still haven't perfected the QM technique yet....maybe I understood, used, and traded it the wrong way....but it really does put cash in my pocket most of the time For the times it doesn't, it loses a tiny amount compared to the potential reward. The key is to know when to stop searching for more and understand the point at which there are no more to take...
This is nice but show us your 100 +trades account not only 1
  • #2,477
  • Aug 13, 2019 10:14pm Aug 13, 2019 10:14pm
GBP JPY


QM set up in the making


Attached Image (click to enlarge)
Click to Enlarge Name: gj 106.jpg Size: 180 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,478
  • Aug 13, 2019 10:31pm Aug 13, 2019 10:31pm
Quoting Pat Chiko
GBP JPY QM set up in the making {image}

what about USDJPY ?
Beginners Luck
  • #2,479
  • Aug 13, 2019 10:35pm Aug 13, 2019 10:35pm
Quoting Frosty85
{quote} Hi SelfControl, Awesome trading as always Since I'm still trying to solve the scale issue to increase the RR, I have a small question on a clue to solve this issue if you don't mind shedding some hint please {image} To narrow the SL like you usually do, should we look at the red circled area, or the blue circled area? I've been studying only the equivalent of the blue area all this time, but maybe the red area has something to do with it too? Thank you in advance
Blue area. see it in M1. we wll see the origin of move . that's still fresh. Just my opinion.
Wait for answer too.
  • #2,480
  • Aug 13, 2019 11:15pm Aug 13, 2019 11:15pm
Quoting goldieboy
{quote} what about USDJPY ?
Lets see your chart and markup.

Then we all can learn and help each other.



I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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